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Upbit Says It Isn’t Participating in Open USD Issuance

News | 2026/07/04 04:00

Upbit Says It Isn’t Participating in Open USD Issuance

Upbit clarifies its role in the Open USD project

South Korean cryptocurrency exchange Upbit has clarified that it is not involved in the issuance of Open USD. The exchange made this announcement following confusion regarding its role in the project.

Open USD is an initiative aimed at creating a standardized digital dollar that can be utilized across various platforms. Despite initial reports suggesting Upbit's participation, the exchange has stated that it is not a partner in this endeavor.

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